Principal Financial Group Inc. Has $231,000 Stake in Dun & Bradstreet Holdings, Inc. (NYSE:DNB)

Principal Financial Group Inc. lowered its holdings in Dun & Bradstreet Holdings, Inc. (NYSE:DNB) by 9.3% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 20,064 shares of the business services provider’s stock after selling 2,046 shares during the period. Principal Financial Group Inc.’s holdings in Dun & Bradstreet were worth $231,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in DNB. State Street Corp boosted its stake in shares of Dun & Bradstreet by 9.8% in the third quarter. State Street Corp now owns 5,227,336 shares of the business services provider’s stock valued at $60,167,000 after buying an additional 468,027 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Dun & Bradstreet by 23.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,976,053 shares of the business services provider’s stock worth $45,764,000 after purchasing an additional 760,956 shares during the period. Barclays PLC grew its stake in Dun & Bradstreet by 144.9% during the third quarter. Barclays PLC now owns 1,192,700 shares of the business services provider’s stock worth $13,728,000 after buying an additional 705,707 shares in the last quarter. MML Investors Services LLC increased its holdings in Dun & Bradstreet by 62.2% in the 3rd quarter. MML Investors Services LLC now owns 27,795 shares of the business services provider’s stock valued at $320,000 after buying an additional 10,658 shares during the period. Finally, Allspring Global Investments Holdings LLC raised its position in shares of Dun & Bradstreet by 7.4% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 21,085,138 shares of the business services provider’s stock valued at $242,690,000 after buying an additional 1,451,705 shares in the last quarter. Institutional investors and hedge funds own 86.68% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on DNB shares. StockNews.com raised Dun & Bradstreet from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Barclays lifted their price objective on Dun & Bradstreet from $11.00 to $12.00 and gave the stock an “equal weight” rating in a research note on Friday, September 13th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $17.00 price objective on shares of Dun & Bradstreet in a research note on Friday, November 1st. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, Dun & Bradstreet has an average rating of “Hold” and a consensus target price of $13.13.

Dun & Bradstreet Trading Down 0.8 %

Shares of Dun & Bradstreet stock opened at $12.26 on Tuesday. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.70 and a quick ratio of 0.70. The firm has a market cap of $5.41 billion, a PE ratio of -153.25, a P/E/G ratio of 3.44 and a beta of 1.15. Dun & Bradstreet Holdings, Inc. has a 1 year low of $8.77 and a 1 year high of $12.94. The stock has a fifty day moving average price of $12.28 and a 200-day moving average price of $11.45.

Dun & Bradstreet (NYSE:DNB) last announced its quarterly earnings results on Thursday, October 31st. The business services provider reported $0.27 EPS for the quarter, meeting analysts’ consensus estimates of $0.27. Dun & Bradstreet had a negative net margin of 1.46% and a positive return on equity of 11.50%. The company had revenue of $609.10 million for the quarter, compared to analysts’ expectations of $605.64 million. During the same period in the prior year, the company posted $0.23 EPS. Dun & Bradstreet’s revenue was up 3.5% compared to the same quarter last year. Equities research analysts anticipate that Dun & Bradstreet Holdings, Inc. will post 0.88 EPS for the current year.

Dun & Bradstreet Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $0.20 annualized dividend and a yield of 1.63%. Dun & Bradstreet’s payout ratio is presently -250.00%.

Dun & Bradstreet Profile

Dun & Bradstreet Holdings, Inc, together with its subsidiaries, provides business-to-business data and analytics in North America and internationally. It offers finance and risk solutions, including D&B Finance Analytics, an online application that offers clients real time access to its information, comprehensive monitoring, and portfolio analysis; D&B Direct, an application programming interface (API) that delivers risk and financial data directly into enterprise applications for real-time credit decision-making; D&B Small Business, a suite of tools that allows SMBs to monitor and build their business credit file; D&B Enterprise Risk Assessment Manager, a solution for managing and automating credit decisioning and reporting; and D&B Risk Analytics, a subscription-based online application that offers clients real-time access to complete and up-to-date global information to mitigate supply chain risk, regulatory risk, and ESG assessment, as well as other related risks; Risk Guardian, a subscription-based online application that offers real-time access to Northern Europe information, monitoring, and portfolio analysis; and D&B Beneficial Ownership that offers risk intelligence on ultimate beneficial ownership.